Not Long Now, page-39

You are ignoring the falls against all lithium producers, largely due to the unfortunate announcement regarding SQM in Chile. Without this new threat to the lithium price, I doubt we would have seen today's monstrous fall. The capital raisings have been a bone of contention for quite a while and it doesn't help management's credibility when they state there will be no further CRs to fund expansion then announce a CR. However, you over simplify today's plummeting SP to suit your own agenda. There was more at play today than the accumulation of more debt.